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Best Buy Dividend Announcement

MINNEAPOLIS-December 5, 2012 --The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized a change in the payment date of the company's regular quarterly cash dividend of $0.17 cents per common share to December 31, 2012, from January 2, 2013. The record date for this quarterly dividend remains unchanged at December 11, 2012. The company had 337,924,644 shares of common stock issued and outstanding as of November 3, 2012. 

Investor Contacts:

Bill Seymour, Vice President, Investor Relations

(612) 291-6122 or  bill.seymour@bestbuy.com

Mollie O'Brien, Director, Investor Relations

(612) 291-7735 or  mollie.obrien@bestbuy.com

Media Contacts:

Amy von Walter, Senior Director, Public Relations

(612) 291-4490 or amy.vonwalter@bestbuy.com

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Best Buy Co., Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.